It is clear to my mind that the Government should not permit the property to be sold at a price which will yield less than one-half of the principal of its debt and less than one-fifth of its entire debt, principal and interest.
William McKinley: “It is clear to my mind that the Government should not permit the property to be sold at a price which will yield less…”
On the record
Source
gutenberg.orgEditor's note · Context
McKinley emphasizes the importance of ensuring that government property is sold for a fair price that covers its debts.
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